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Weekends, nights and news: trading crypto around the clock
Crypto never closes. What that means for holding positions overnight and at weekends, the daily reset, funding times and trading through news.
Stock and futures markets close at night and at weekends, and many prop firms set rules around those gaps. Crypto perpetuals trade every hour of every day, so the questions are different: not whether you may hold a position over the weekend, but what happens to it while you are away.
Holding overnight and at weekends
There is no overnight rule and no weekend rule. You may keep a position open through the night, the weekend and the daily reset. The same two floors apply to it at every moment, measured on the composite mark price, whether or not you are watching. A stop order attached to the position keeps working while you are away; the floors keep working whether or not you set one.
The daily reset
The trading day changes at 00:00 UTC. At that moment the new daily floor is set from the higher of balance and equity at 00:00 UTC, minus 4% of the starting balance. A position you hold through the reset counts at its equity: an open profit sets a higher anchor, so the new floor sits closer under it. An open loss does not lower the anchor below the balance.
Closing just before the reset and reopening the same position just after, to move the floor, is one of the prohibited strategies. Holding through it is not.
Funding times
A position open at a funding time pays or receives funding at the rate the venue publishes, positive or negative. Over a weekend that can be several payments. Each one is booked to the balance and counts toward that day's result. The market pages, such as ETH perpetual futures, show the current rate and the next funding time.
Trading through news
The rules have no news blackout: you may trade around announcements and data releases, and the same floors apply. What changes in a fast market is the execution:
- Spreads and slippage widen. Market orders fill on the live Bybit book, level by level. A market order stops walking the book at 100 basis points from the best price, and any remainder is cancelled.
- One exchange can spike alone. Breaches use the composite of Bybit and Hyperliquid marks. When the two disagree too much, the symbol becomes reduce-only and a breach on it goes to review instead of ending the account.
- The book can drift from the mark. If the Bybit book moves too far from the composite mark, market orders are refused until it comes back. Limit orders can still rest.
- Prices can stop. If no venue sends a fresh price, trading on that symbol pauses and no breach is evaluated on a stale price.
Trading on a delayed or stale price in the simulation to capture a move that already happened on the exchange is latency arbitrage, and it is prohibited.
Before you step away
- Check the breach price of each open position on the dashboard and in the order preview.
- Decide whether the position should still be open after the next reset and the next funding time.
- Trade at least once within the inactivity window: an account with no fill for 30 days ends.
Related
- Daily loss limitThe daily loss limit is the most equity may fall in one trading day, measured from that day's anchor; crossing the floor ends the account.
- Funding rateThe funding rate is a periodic payment between longs and shorts on perpetual futures that keeps the contract close to the spot price.
- Perpetual futures in a prop challenge: leverage, funding and liquidationHow perpetual futures work in a simulated prop account: mark price, margin and leverage caps, funding, fees, and why a breach comes before liquidation.
- Why a breach uses a composite markOne exchange can print a wick the rest of the market never saw. The composite mark, degraded states and breach reviews keep it from failing you.